Cytodyn Inc (CYDY)

[fred198484]

If there is a not a quick buyout as many here suggest will happen, there will have to be a sizable new equity issue, likely several over the course of the next two years, to keep things moving since they will not have revenues during that time period.

I have not bought yet because of the dilution issue and because I am not as sure as I once was that the trials are going as easily as I earlier would have thought. The constantly missed deadlines and lack of communication is not something one usually associates with successful trials and companies. If the combo trials results are poor, than the company is bankrupt. I hope everyone realizes that. You should know your risks.

If the combo trial results are good, then there is a future for the stock and it could be very impressive. I see no need to run the risk that the trial results are bad since if they are it is fatal. If they are good, there will shortly be an equity offering (in addition to the warrant conversion) and I will review the situation at that time. Good results means the company should survive and there will still be plenty of upside left even though I will have missed the big initial bounce.